New Gold reports Q2 gold equivalent production 102,374 ounces

Reports Q2 gold production 76,527 ounces. Reports Q2 copper production 12M pounds. “We had another excellent quarter, delivering gold equivalent production of 102,374 ounces, a 45% increase over the prior year period,” stated Patrick Godin, president and CEO. “At Rainy River, strong quarterly production results were attributed to higher mill availability due to the team’s proactive measures taken during the planned maintenance activities. In addition to a great operating quarter, we continued to make meaningful progress advancing our growth initiatives, securing the future production of our Company. C-Zone development at New Afton continued and remains on-track for first ore production in the fourth quarter of this year, and development of the underground Main Zone at Rainy River has commenced as planned. Continuity is key to our success, and as evidenced from our strong first half results, both the Rainy River and New Afton teams are delivering. As a result, we remain well positioned to meet all annual production guidance metrics outlined earlier this year.”